Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
27 MARGARET AVENUE is a small detached house of 84m², built sometime between 1930 and 1949. It was last sold for £179,000 in May 2016, which was around 13% below the average May 2016 detached price in the Erewash local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 27 MARGARET AVENUE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 27 MARGARET AVENUE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2016 27 MAY | £179,000 | £204,881 | 13% below HPI |
2007 15 JAN | £150,000 | £187,817 | 20% below HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 27 MARGARET AVENUE sales from January 2007 and May 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.
27 MARGARET AVENUE is 84m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 27 MARGARET AVENUE lies on this distribution: 31% of detached houses are smaller than 27 MARGARET AVENUE, and 68% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.
27 MARGARET AVENUE sits on a plot of roughly 27.1 acres, or 109,688m². The below map shows the location of 27 MARGARET AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 27 MARGARET AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
27 MARGARET AVENUE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 27 on MARGARET AVENUE.